News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>Daiwa Downgrades SAMSONITE (01910.HK) to Hold, Chops TP to $15
SAMSONITE (01910.HK)'s 1Q25 revenue was at the lower end of its guidance, declining by 4.5% YoY, with adjusted net profit missing expectation by 25%, Daiwa released a research ...
Reset
Send
The window will close in 5 seconds
<Research>Daiwa Downgrades SAMSONITE (01910.HK) to Hold, Chops TP to $15
Close
Recommend
4
Positive
4
Negative
4
 
 

SAMSONITE (01910.HK)  +0.060 (+0.430%)    Short selling $3.79M; Ratio 8.019%   's 1Q25 revenue was at the lower end of its guidance, declining by 4.5% YoY, with adjusted net profit missing expectation by 25%, Daiwa released a research report saying.

Due to macro uncertainties, luggage purchases are typically deferred first, and hence Daiwa believed that SAMSONITE's share price will remain under pressure in the short term. Furthermore, the possibility of a delay in the Group's secondary US listing appears to be increasing.

Related NewsSAMSONITE 1Q Net Profit USD48.2M, Down 42.6%
Therefore, Daiwa lowered its 2025/ 2026 EPS forecasts for the Group by 20-26%, and downgraded the Group from Buy to Hold. The broker chopped its target price from $25 to $15.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 12:25.)

AAStocks Financial News
Website: www.aastocks.com

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.